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Exploration & Production

Guangzhou to become new methane hydrate exploration base

China has selected Nansha Longxue Island in Guangzhou as a base to conduct further exploration and research on methane hydrates

4 July 2018
CNOOC’s Dapeng LNG terminal LNG

China eyes interconnections to sidestep gas shortages

China’s top gas companies are working to connect their LNG terminals to major cross-country pipelines as part of efforts to create an integrated national gas grid.

4 July 2018
Supply & Demand

Output cuts further boost Chinese LNG prices

Reduced output output from LNG plants last week led to an increase in average Chinese ex-works prices for the second week in a row.

4 July 2018
LNG

Asian spot LNG prices break seven-week rising trend

Spot LNG prices in Asia broke a seven-week run of gains last week, dropping to $10.5/MMBtu.

3 July 2018
Pipelines, Storage & Power

CGN expresses interest in UK gas and wind power

China General Nuclear Power Group is looking to invest in gas and wind power projects in the UK

2 July 2018
LNG

CNOOC starts work on Tianjin terminal interconnector

CNOOC has starting welding an interconnector for a 31.5-km pipeline that will link the company’s Tianjin LNG terminal to a coal-to-gas project in western Inner Mongolia

2 July 2018
Supply & Demand

Changqing Oilfield targets gas output of 38 bcm in 2018

CNPC’s Changqing Oilfield subsidiary aims to produce 38 bcm of gas this year to ensure enough supply for the coming winter

2 July 2018
The breakwater of the Colombo Port City in Sri Lanka, part of the BRI. Policy & Regulation

Risks in view as China’s Belt and Road rolls on

The number of Belt and Road infrastructure projects is growing, but the political and credit risks are becoming more evident as investors scramble to join Beijing’s initiative.

2 July 2018
Exploration & Production

Yuanba gas field passes production milestone

Sinopec’s Yuanba gas field in Sichuan province has produced 10 billion cubic metres since going onstream in December 2014.

29 June 2018
LNG

CNOOC to build LNG terminal in Jiangsu province

CNOOC will invest $2.17 billion to build an LNG terminal in the port city of Yancheng in Jiangsu province

29 June 2018
LNG

Construction begins at second phase of Ningbo LNG terminal

CNOOC started construction of the second phase of the Ningbo LNG terminal in east China’s Zhejiang province on Wednesday

29 June 2018
Exploration & Production

Keshen field output hits 2.85 bcm in 2018

The Keshen field in China’s Xinjiang region had produced 2.85 billion cubic metres of gas this year as of 20 June

28 June 2018
Exploration & Production

Tian Lun Gas invests in Henan CTG conversion fund

China Tian Lun Gas has made an agreement with Henan province to invest in a CTG conversion fund

28 June 2018
LNG

China’s Ningbo terminal still top LNG truck shipper

The CNOOC facility shipped an average of 250 truckloads of LNG per day last week, the most of any of China's terminals.

28 June 2018
Gas for Transport

Sinopec subsidiary targets CNG filling stations in Chongqing

Sinopec subsidiary Chongqing Petroleum plans to build seven CNG filling stations for vehicles in southwestern China’s Chongqing municipality

27 June 2018
An LNG tanker at a Chinese terminal LNG

Era of bargain LNG deals over for China’s buyers

The window of opportunity for China’s LNG buyers to secure the best terms for new deals has passed, according to one importer.

27 June 2018
LNG

Chinese ex-works LNG prices edge upwards

Ex-works prices at Chinese liquefaction plants increased last week for the first time since mid-May.

27 June 2018
LNG

Dapeng terminal passes cargo milestone

CNOOC’s Dapeng terminal in Shenzhen has received 900 shipments since it started up in 2006.

26 June 2018
Global Markets

China at risk of gas shortages this summer – NDRC

China will face gas shortages in some regions this summer as demand is continuing to grow strongly.

26 June 2018
Exploration & Production

Xinjiang Energy and SPT Energy subsidiary join services JV

Petrotech (Xinjiang) Engineering has signed an agreement to establish a joint venture with Xinjiang Energy Petroleum & Natural Gas.

26 June 2018

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